CBE Pumps EGP 3.4B into Mortgage Finance Sector

• Thursday, 21st July 2016
• by Heba Eid

The Central Bank of Egypt has loaned EGP 3.4 billion, through banks, to customers to purchase property under its mortgage initiative.

Burj Global Invests EGP 630M in New Cairo Project

• Thursday, 21st July 2016
• by Heba Eid

Burj Global for Real Estate, a Kuwait-based company, launches the development of an integrated residential project on Street 90 in New Cairo.

Social Housing Fund Approves Series of Low-Income Housing Projects

• Thursday, 21st July 2016
• by Joana Saba

A number of resolutions for social housing projects have been made by the Social Housing Fund, to serve low-income citizens according to certain criteria

NUCA Extends Payment Period for Winners in Dar Misr Housing Project

• Thursday, 21st July 2016
• by Joana Saba

The payment period for the winners of the first phase of the Dar Misr middle-income housing project has been extended to October 2016.

Maalem Group: 2017 to See Residential Projects Delivered

• Thursday, 21st July 2016
• by Heba Eid

Maalem Group, an Egypt-based construction company, will deliver numerous residential projects in New Cairo early 2017, said Islam Amer, Maalem Group's Marketing Manager.

La Mora Beach First Phase to Deliver in 2019

• Thursday, 21st July 2016
• by Heba Eid

Step One, an Egypt-based real estate developer, is set to deliver the first phase of La Mora Beach North Coast by 2019, announced Belal Ayman, Step One's sales manager.

Ongoing Discussions on Unified Construction Law in Parliament

• Wednesday, 20th July 2016
• by Heba Eid

Discussions are currently underway in the parliament's Housing Committee on the unified construction law with five entities.

Arab Contractors Commence Renovation Work on Beir Massoud Rocky Beach

• Wednesday, 20th July 2016
• by Heba Eid

Arab Contractors Company, an Egypt-based construction company, commenced development work on Beir Massoud rocky beach in Miami District in eastern Alexandria.

First Phase of M2 Gardens Project’s Development to Begin in Q3 2016

• Wednesday, 20th July 2016
• by Heba Eid

M2 Developments is set to start developing the first phase of M2 Gardens in the third quarter of 2016, announced its CEO, Mostafa Aboul Fotouh.

Social Housing Fund Allocates EGP 377M for Utility Infrastructure Work

• Wednesday, 20th July 2016
• by Heba Eid

The Social Housing Fund is allocating EGP 377 million to complete the utility infrastructure work for 15,700 social housing units in various governorates in Egypt.